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Amazing investment opportunity! These 26 units are always fully occupied with a waiting list. Four buildings, handsomely arranged and set back from the road, house eighteen 2 BR units and eight 1 BR units. Grounds are immaculate and there is plenty of paved parking for all tenants. Tenants pay all electric which includes heat and hot water. Landlord pays the usual expenses: taxes, insurance, common electric, water and sewer, plowing and mowing, trash, pest control, and repairs and maintenance. Laundry facilities on site bring in additional income. Property brings in over $286,000 in gross income, this is a very attractive offering. 6.3% cap rate.
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Listing information last updated on March 22nd, 2023 at 2:35am EDT.